Why Nations Fail: The Origins of Power, Prosperity, and Poverty, first published in 2012, is a book by economists Daron Acemoglu and James A. Robinson. The book applies insights from institutional economics, development economics and economic history to understand why nations develop differently, with some succeeding in the accumulation of power and prosperity and others failing, via a wide range of historical case studies.
Why Nations Fail
Kamer Daron Acemoğlu is a Turkish-born American economist who has taught at the Massachusetts Institute of Technology since 1993, where he is currently the Elizabeth and James Killian Professor of Economics. He received the John Bates Clark Medal in 2005, and was named an Institute Professor at MIT in 2019.
Acemoglu in 2009
Acemoglu in his office, January 2020
Why Nations Fail was included in the Shortlist of the 2012 Financial Times Business Book of the Year Award.
Acemoglu in 2018